REPUBLIC OF THE PHILIPPINES

COMMISSION ON AUDIT
Commonwealth Avenue, Quezon City, Philippines

DIRECTOR’S EVALUATION FORM

Financial Audit

Agency __________________________________________________________________
Period Covered____________________________________________________________

Team Composition:
Name Position
Supervising Auditor/Regional Supervising Auditor
Audit Team Leader
Audit Team Members

Remarks for
Director's Evaluation Yes No "No" Answers
1. The financial audit was performed in accordance with the FAM based on the
results of the Completion Compliance Checklist.
2. The audit team complied with the ethical and professional standards of COA
based on the feedback received from the agency and in case of negative
feedback, that the team's justification is acceptable.
3. The Audit Opinion rendered on the Financial Statements was the most
appropriate considering the results of the financial audit conducted. The
reason for the modified opinion is acceptable considering the reporting
materiality threshold and the qualitative conditions cited. (Include only if
applicable)
4. The required review process was performed and that critical issues have
been addressed or have been discussed with me for my proper action.

Considering my responses above, I am (satisfied or not satisfied) with the financial audit performed
by the Audit Team.

RATING
All ‘yes’ answers – Outstanding
3 ‘yes’ answers – Very Satisfactory
2 ‘yes’ answers – Satisfactory
1 and below ‘yes’ answers – Unsatisfactory
__________________________________________

Rated by:

Signature: ________________________
Name: ___________________________
Position/Designation: Cluster/Regional Director
Date Approved:___________________